New Delhi, April 24 -- In a candid statement, Joseph Wu, Taiwan's Minister of Foreign Affairs, outlined key obstacles India must surmount to attract major semiconductor investments from the island territory's chip giants.
Chief among the challenges, Wu cited an acute shortage of experienced engineers, prohibitive tariffs hampering imports of vital electronics components, and inadequate infrastructure ill-equipped to support the demands of a cutting-edge chip manufacturing ecosystem, reported IE.
India is known for its cumbersome administrative structure, Wu stated bluntly. The government must streamline laws and regulations to facilitate semiconductor investors, he added.
He urged New Delhi to prioritise finalising a long-awaited fre...